define services and goods
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Every business is dealing in with goods or services or with both in the market to earn money and create better market position.
Goods - Goods are a valuable asset of the firm or the business. These are tangible. Goods can be stocked up. Goods can be deal with in both semi-finished and finished goods. Goods have separate identify another than the business.
Services - Service are intangible assets.
They are produced at the time of consumption. They are different according to the different customers. They can't be separated from the consumer.
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